$ETH is showing a sharp rejection from the $2,546.78 high, with sellers stepping in aggressively and opening room for a deeper correction.
Entry: $2,390–$2,420
SL: $2,550
TP: $2,280
TP: $2,130
Final TP: $1,980
ETH rallied strongly from the $1,854.28 accumulation range and pushed into the $2,546.78 resistance area. The latest 1H candles show a decisive rejection from the top, followed by a sharp breakdown toward the $2,416 zone.
A failed recovery into the $2,390–$2,420 area could provide a cleaner short entry. If sellers maintain control below this zone, the correction could extend toward $2,280, $2,130 and potentially $1,980.
$TRUMP
$MELANIA
Entry: $2,390–$2,420
SL: $2,550
TP: $2,280
TP: $2,130
Final TP: $1,980
ETH rallied strongly from the $1,854.28 accumulation range and pushed into the $2,546.78 resistance area. The latest 1H candles show a decisive rejection from the top, followed by a sharp breakdown toward the $2,416 zone.
A failed recovery into the $2,390–$2,420 area could provide a cleaner short entry. If sellers maintain control below this zone, the correction could extend toward $2,280, $2,130 and potentially $1,980.
$TRUMP
$MELANIA